Jeff Bezos Net Worth

Jeff Bezos is the founder of the world-famous Amazon, which is said to be one of the largest and most successful online marketplaces in the world.

There’s been a lot of talks recently about who the richest person in the world is, and Jeff Bezos’s net worth has been fluctuating a lot recently. However, Jeff has now de-throned Bill Gates and has become the richest man in the world.

Jeff Bezos is now at the top on the list of the richest with an estimated net worth of $170 billion. This figure comes from Forbes’ real-time figures.

Early Life

Jeff Bezos was born on the 12th January 1964, in Albuquerque, New Mexico.

His grandfather was a regional director of the U.S. Atomic Energy Commission there, and he retired early to the ranch. Jeff spent many summers there as a youth, working with him.

Bezos often displayed scientific interests and technological proficiency; he once rigged an electric alarm to keep his younger siblings out of his room.

Jeff attended Miami Palmetto High School, where he took part in the Student Science Training Program at the University of Florida, receiving a Silver Knight Award.

Career

Jeff graduated in 1986 from Princeton University and went to work on Wall Street in the field of computer science. After that, he then built a network for international trade for a company known as Fitel.

Later, he worked at Bankers Trust, and he also worked on Internet-enabled business opportunities at the hedge fund company D. E. Shaw & Co.

In 1994, he founded Amazon.com, which started out as an online used bookstore. The inventory quickly grew, as did the popularity of the site; and in 1998, Jeff made the Forbes 400 list.

As of June 2018, Jeff Bezos’ net worth is roughly $170 billion.

Highlights

Here are some of the highlights of Jeff Bezos’ career:

Founded Amazon (1994)

Makes the Forbes 400 List (1998)

Founds Blue Origin (2000)

Dot Com bubble bursts (2001)

Launches Amazon Web Services (2006)

Launches Amazon Studios (2010)

Buys the Washington Post for $250 million (2013)

Overtakes Warren Buffett as 2nd richest (2016)

Favorite Jeff Bezos Quotes

“You have to be willing to be misunderstood if you’re going to innovate.” – Jeff Bezos

“One of the only ways to get out of a tight box is to invent your way out.” – Jeff Bezos

“I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.” – Jeff Bezos

“A company shouldn’t get addicted to being shiny because shiny doesn’t last.” – Jeff Bezos

“If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.” – Jeff Bezos

“If you don’t understand the details of your business you are going to fail.” – Jeff Bezos

3 Key to Success from Jeff Bezos

Now you know all about Jeff Bezos’ net worth and success story, here are some of the best success lessons to learn from Bezos:

1. Prepare to Fail

Bezos didn’t actually expect to succeed when he first created Amazon.com. Back then, the online game was very new, and the security of such was uncertain. Bezos took a risk, and he knew that there was a great chance of failure.

However, his mindset paid off big time.

2. Play the Long Game

In the early days of Amazon, Bezos warned investors that the company was years away from turning a profit.

Bezos’s vision included recognizing that things wouldn’t always be easy, and that to become profitable, you have to work your way there – which involves envisioning and playing the long game.

3. Start Small, Then Diversify

Amazon began with books. It was a humble and simple beginning to the online empire. Today, however, Amazon sells a ridiculous number of things.

The lesson here is to start with what you know, and then proceed to diversify and expand!

Jeff Bezos – Inspirational Speech

Summary

Jeff Bezos went from failing at selling books, to succeeding at selling whatever he wants. Amazon has become an absolute powerhouse and is taking over the new world; it all started with one guy trying to sell used books.

Jeff Bezos’ net worth is estimated to be $170 billion, and that is a lot of money!

What do you think of Jeff Bezos’ net worth? Leave a comment below.

Dan Western is the founder of Wealthy Gorilla. Dan is a young ambitious guy who has been researching self-development for the past two years and is now off travelling the world. His mission is to inspire others to live their dreams and be the person to whom they say; "Because of you, I never gave up." Join Wealthy Gorilla on Facebook.

4 Comments

4 Comments

Mweru Bilton

Jun 4, 2018 at 11:32 am

Jeff Bezos is a True defination of success…

He has really inspired me. The way Jeff started in the Amazon business, really shows how resilient he is and he was and that’s why he has made it.He had something he was fighting for in his business and now the business is a Wolrd’s Icon in the Tech Market Place…

I have nothing much I can add on, but let his experience be a stepping stone all of us in the Tech Business!!! I am really Inspired by Jeff Bezos.

Jeff’s net worth of $135.6 billion is big amount of money, and that is through his effort, I understand but why not he appreciate the Giver, the Man who blesses him to be the world’s first ever billionaire in this 21st century in terms of giving back to the Giver of the wealth that he is in possession of today. Most of the people in this world are really suffering, living without food, really in destitution life, the wealth that Mr. Bezos, you have is given by God, and you have to use this wealth to help God’s own people so that you can be blameless. That is all thank you.